now we might be getting punished thanks to a proposed tax that could raise gas prices and fill federal coffers. it is a case of the government on wild? absolutely phil flynn. my favorite economist, peter more recede. thanks to all of you for joining us. you know, so this is really driving me crazy. if you look at the stats crude oil production up 17% year-over-year. fracking like crazy. for the first time in nearly two decades we're producing more oil than we have imported. americans are driving almost 100 billion fewer miles. we have super high gas prices. we produced all of this oil and stopped dring. so prices went down. what is our report? the government will make up the difference with the tax. i can't believe it. are you as hysterical as i am? >> i am. i have a constructive suggestion we always get our tax to use the roads. we use the gas tax. back in the old days all the stars at 50 miles to the gallon. if we will tax according damage people use the roads as according to how much gas to use which is what they're really proposing, the people with these high-mileage tabriz should